NORWALK, CT – Revenue from major applications and products based on organic
electro-optical materials will spike from $2.6 billion last year to $10.5 billion by 2001, an average annual growth rate of 26.4%. According to a soon-to-be-released report from
BCC Research, primary applications include displays, telecommunications and photonics, plus laser and nonlinear optics.
Sales of organic-based displays were $615 million last year, the firm says, about 24% of the total market. By 2011, the market will top $3 billion (29% share), BCC estimates, an AAGR of 30.8%.
Organic-based telecommunications and photonics materials were by far the
largest market in 2005, accounting for about 75%, or $2 billion. By 2011, that segment will reach almost $7.5 billion, growing 24.9% annually.